The funds were recovered from previous bonuses or will be deducted from future payments, according to a person with knowledge of the matter, who asked not to be named because the information has not been made public. Morgan Stanley is the latest bank to have required its staff to shoulder some of the burden of […]
Tag: fines
They propose to reduce fines in the fishing sector by up to 90%
On January 19, Congressman Jorge Luis Flores Ancachi (Popular Action) entered the Congress a proposal “to recover productive activity in the fishing and aquaculture sector” through a new exceptional regime to reduce fines. Legislative initiative 4025 indicates that natural and legal persons who have sanctions imposed by the Ministry of Production (Produce) can benefit from […]
Why did Indecopi fine Nestlé and how much is the sanction imposed on the multinational?
The National Institute for the Defense of Competition and the Protection of Intellectual Property (Indecopi) is the entity in charge of overseeing the consumers to companies that offer products and services. It is not the first time that the public body assumes this position before companies that are accused of not following due process. On […]
The ITU rises to S / 4,600 in 2022: what are its effects?
The Tax Tax Unit (FROM) rose to S / 4,600 for the year 2022, a figure that represents an increase of S / 200 in relation to this year’s amount. This variation is the largest recorded since 1999. The increase, explains Jorge Carrillo Acosta, professor at Pacific Business School, it is associated with annual inflation. […]
Ositrán fined S / 10 million to concession companies for breaching contracts
Through a press release, the Supervisory Agency for Investment in Transportation Infrastructure for Public Use (Ositran) reported that between January and December 2021 it applied sanctions and penalties for a total amount of S/ 10 million 90,047 to various concession companies. In compliance with its supervisory and sanctioning function, the regulatory entity indicated that a […]
Osiptel confirms two fines to Claro for more than one million soles
The Supervisory Agency for Private Investment in Telecommunications (Osiptel) reported that the appeal filed by América Móvil Perú SAC was declared unfounded, that operates under the Claro trademark in the country, against resolution No. 273-2021-GG and confirmed two fines for a total of S / 1 million 324,400. On November 10, 2020, the resolution n° […]
Francke: companies will no longer be able to declare bribes as costs to pay less taxes
The Minister of Economy and Finance, Pedro Francke, He assured that, from the Government, they will seek to eliminate the figure that allows offending companies to deduct the payment of their bribes as if they were company costs, in order to pay less Income Tax (IR). “An issue that seems to us in terms of […]